Posts with tag HomeSales

No Home Sales for Xmas? Bah humbug!

Real estate Myth No. 1: Home sales are seasonal, and you don't have a prayer of Santa bringing you a buyer when everyone's busy celebrating the holidays. While it's true that many families prefer to buy and settle into their new homes during the summer months -- all the better to get Junior settled into the new school... Continue Reading »

Foreclosures Come as Relief for Some Desperate Families

When Lindsay Zortman and her husband put up their newly renovated house on the market in September 2008, the family moved into a rental home so that it would be easier to close on the sale. But the real estate market collapse went into full force, and the Zortmans decided to tough out the winter and then move back into... Continue Reading »

Toll Brothers Loss Will Be Yours, Too

The CEO of luxury homebuilder Toll Brothers has an explanation of his company's dismal fourth quarter earnings: even its well-heeled customers have a bad attitude about buying real estate. "We believe it may take some time for Americans to regain confidence in our economy, their job status and the benefits of home... Continue Reading »

Existing Home Sales Rebound(ish)

According to the National Association of Realtors, existing home sales hit a two-year high in September. Not to rain on anyone's parade, this is a seasonally adjusted, annualized number. The unadjusted sales numbers were down 5.2 percent from August to September. Also, the median home price dropped to $174,900 a decline of... Continue Reading »

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